Why is Jayant Infratech falling/rising?

As of 31-Oct, Jayant Infratech Ltd's stock price is currently at Rs 76.00, reflecting a decline of Rs 8.44 or 10.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 14.03% during this period. Today's trading has shown high volatility, with the stock reaching an intraday high of Rs 86.79 and a low of Rs 76. The stock's performance over the past week has been particularly poor, with a 24.51% decline, while its year-to-date performance shows a significant drop of 44.38%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. There is also a notable decrease in investor participation, with delivery volume plummeting by 85.65% against the five-day average, which suggests a lack of confidence among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has only decreased by 0.32% over the past week, Jayant Infratech's performance has been significantly worse. The stock's recent decline contrasts sharply with the Sensex's year-to-date gain of 7.42%, highlighting the stock's struggles in the current market environment. This underperformance relative to the benchmark and the overall market sentiment may be contributing to the stock's downward trajectory, as investors appear to be favoring more stable options amid high volatility and declining participation in Jayant Infratech's shares.